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McConnell: Biden student loan forgiveness a ‘wildly unfair redistribution’ of wealth
The Hill ^ | 08/24/2022 | JARED GANS

Posted on 08/24/2022 12:07:55 PM PDT by ChicagoConservative27

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To: ChicagoConservative27

This two faced corrupt pol should keep his mouth shut about wealth redistribution.


41 posted on 08/24/2022 1:10:59 PM PDT by AndyJackson
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To: ChicagoConservative27

At least he said something. 99.00% of the time he keeps
his head up under his shell.

On another threat I asked if he even hiccuped at the
$10,000 forgiveness plan.

Well, he did.

This is the most activity I’ve seen out of the guy in the
last decade.


42 posted on 08/24/2022 1:14:59 PM PDT by DoughtyOne (I pledge allegiance the flag of the U S of A, and to the REPUBLIC for which stands.)
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To: ChicagoConservative27

DO SOMETHING; PUT UP OR SHUT UP...............


43 posted on 08/24/2022 1:15:41 PM PDT by chopperk
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To: ChicagoConservative27
So is sending our grandchildrens' and great-grandchildrens' taxes to the Ukraine, Swampy McCuckold.


44 posted on 08/24/2022 1:34:22 PM PDT by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: ChicagoConservative27

‘Sources said President Biden’s intended measure will include at least $10,000 in loan forgiveness for borrowers, who make less than $125,000 annually, as well as another payment freeze for roughly four months.’

“The $10,000 figure would be the largest forgiveness of federal student loans per individual to date.”

So our grandkids, grand nieces/nephews with real degrees and real jobs used these loans to get started or will this coming year in life post college by taking the loan their senior/last year in college to start their lives.

This will probably be their only tax break in their lives.


45 posted on 08/24/2022 1:50:49 PM PDT by Grampa Dave (Anyone, who can make you believe in absurdities, can make you commit atrocities.!" ~ (Voltaire)!!)
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To: grey_whiskers

Justice Garland agrees.


46 posted on 08/24/2022 2:07:11 PM PDT by Republican Wildcat
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To: Grampa Dave

This makes zero practical sense - if someone makes $125,000 per year they should definitely be able to afford paying their student loan payments. Less than $50,000 could conceivably make sense. This is vote buying, pure and simple.


47 posted on 08/24/2022 2:08:28 PM PDT by Republican Wildcat
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To: Grampa Dave

Wait until these borrowers figure out the payment freeze may have saved them from making their payments but the compounded interest on the loan balance kept running. Now they are further in the hole and the $10,000 forgiveness may not even cover the additional accrued interest. That and the fact the IRS may see the money as income and the whole thing is a net negative for everyone.


48 posted on 08/24/2022 2:18:59 PM PDT by VTenigma (Conspiracy theory is the new "spoiler alert")
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To: ChicagoConservative27

He thinks there is a Fair Redistribution of peoples money? Que Davey Crocket.


49 posted on 08/24/2022 2:39:51 PM PDT by Pocketdoor
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To: ChicagoConservative27

SHUT YOUR DAMN PIEHOLE YOU POS spineless turtle!! Gosh I despise this weasel!


50 posted on 08/24/2022 2:54:40 PM PDT by RoseofTexas
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To: grey_whiskers

This piece of chit is acting so hot and bothered yet the majority of the time he sides with the BF rats. When they were the majority the rats make their life a living hell and didn’t move an inch for the Republicans. Yet this POS weasel is so despise he needs to get out of his DC bubble and find see how much he is despised and hated!


51 posted on 08/24/2022 2:58:54 PM PDT by RoseofTexas
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To: ChicagoConservative27
What's worse than the gratuitous redistribution of wealth from responsible people to irresponsible people is THE BIGGEST POWER GRAB IN OUR HISTORY.

BIDEN's giving himself the power given by law to the House of Representatives.

Did someone tell Biden Republicans are taking the House and this is the response? And no, this is not something that can be blamed on COVID.

52 posted on 08/24/2022 7:15:19 PM PDT by GOPJ (Merrick's proud the DOJ & FBI are being renamed "Lavrentiy Beria Society' in honor of Joseph Stalin.)
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